Please complete this form to help us gather information for the drafting of your company shareholder agreement. At the bottom, you may include any specifications you would like to have customized for your company. We will review this with you after completion to make recommendations and are happy to answer questions. 

If you are not already a Framework client, we will get right back to you with a quote and will coordinate other necessary details with you prior to drafting your operating agreement. 

Name *
List all company Shareholders and percentages of ownership.
List the Board of Directors and the number of votes each Board Member has. The Board of Directors will oversee the management of the corporation and are the top decision making body.
List the Chief Executive Officer, Chief Financial Officer, and Secretary. These positions may all be filled by the same person if desired. The Officers work under the Board of Directors and manage the day-to-day operations of the company.
What contributions is each shareholder making toward the business?
When will the company make profit distributions?
Do all Shareholders need to remain actively involved in the operation of the business in order to maintain their ownership interest?
It is common to have founders earn their equity over time through a vesting schedule. For example, a common vesting schedule is a four year vesting schedule with a one year cliff, where each member earns 25% of their allocated equity after one year, and the remainder in 36 monthly increments thereafter. This protects the other shareholders in case a shareholder quits the company early.
When can shareholders sell their equity interest outside the company?
In the event of a legal dispute, what legal forum would you like to use to resolve the dispute? ARBITRATION -- faster than litigation, but still expensive, and less opportunity to present evidence. Decisions are non-appealable. ANY LEGAL FORUM -- Permits traditional litigation and any other legal means of resolving disputes. Traditional litigation can take a long time before cases settle or get a judgment, but permits more opportunity for presenting evidence and appealing decisions.
Use this space to clarify any of your answers above.